What explains recent changes in international monetary policy attitudes toward inflation? Evidence from developed countries

Melody Lo and Jim Granato

Economics Letters, 2008, vol. 100, issue 3, 411-414

Abstract: This paper identifies source(s) contributing to the recent international shift in monetary policy attitudes toward inflation. Data from 18 developed countries suggests that this shift is connected to the universal increase in policy responses to economic openness in the 1990s.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:100:y:2008:i:3:p:411-414

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